Another day another dip another buying opportunity. Stocks started the day moderately lower until the dip buyers surfaced, which doesn't take very long these days, and stocks pushed into positive territory before a late day pull back. The FED minutes offered little surprise, I've been saying this for quite a long time, I don't think interest rates are going to rise until we get the next collapse, and by then they'll be pushing rates negative.... but what do I know.
Stock futures are lower, let's see if this dip will even last until the opening bell. Here is what I am reading this morning:
Gloomy Data drops European Shares
Texas Shale Turns Unprofitable on Lower Oil Prices
FED and Markets more interdependent than ever
Housings Misleading Health Indicator